Wednesday 17 August 2011

Business Association, China’s soft landing will be


American Business Association (Conference Board) 16, said the Chinese government resorted to begin tightening monetary policy modest growth, the Chinese economy will be "soft landing" and its main economic indicators are still growing.
New York-based Association for the Advancement of Trade and Industry a report released Wednesday, China in June leading economic indicators rose 1%.The index in May rose 0.6 percent in April rose 0.3%.
European debt crisis and the weakening strength of the U.S. economic recovery, fear of the impact of the world's second largest economy in the Chinese growth concerns, the index may be due to the increase and ease. China’s benchmark stock index since April, taking the high point of writing 14%, while the authorities also stepped up the pace to climb the high point of arrival for three years to cool down inflation.

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